It also owns the 7700 France Building and a parcel near the Minnesota Center that it has marketed for years as a possible development site for a new office building.

France Place should work nicely as an asset with the 7700 France Building across the street, Williamson said. The 7700 building has larger floorplates that work well for large users, while France Place has smaller floors, about 22,000 square feet each, that appeal to a more diverse mix of tenants.

The France Place building, at 3601 Minnesota Drive, is about 86 percent leased. It was developed in 1981 by the late Paul Klodt.

The largest tenant is class ring manufacturer Jostens Inc. Other tenants include Bank of America, Waddell & Reed, All State Insurance, and Charles Schwab & Co.